What is a Joint Venture Car?
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Joint venture cars are vehicles produced through cooperation between Chinese automakers and foreign brands. These cars utilize foreign technology and branding, with the entire vehicle or certain components being imported from abroad for domestic production or assembly. Examples of joint venture car models include the Volkswagen Bora, FAW Mazda X3, Volkswagen Lavida, Magotan, Toyota Camry, and Tayron. Taking the 2019 Toyota Camry as an example, it features a MacPherson strut front suspension and an E-type multi-link rear suspension. It is equipped with a 2.0L naturally aspirated engine, delivering a maximum horsepower of 178PS, a maximum power of 131kW, and a maximum torque of 210Nm, paired with a 10-speed continuously variable transmission.